Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Declares Quarterly Dividend of $0.05

Dun & Bradstreet Holdings, Inc. (NYSE:DNB) declared a quarterly dividend on Thursday, February 6th,RTT News reports. Investors of record on Thursday, March 6th will be given a dividend of 0.05 per share by the business services provider on Thursday, March 20th. This represents a $0.20 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend is Thursday, March 6th.

Dun & Bradstreet has a payout ratio of 16.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Dun & Bradstreet to earn $0.96 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 20.8%.

Dun & Bradstreet Stock Down 7.4 %

Dun & Bradstreet stock opened at $11.24 on Friday. Dun & Bradstreet has a 12 month low of $8.77 and a 12 month high of $12.94. The stock has a fifty day simple moving average of $12.02 and a two-hundred day simple moving average of $11.79. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The firm has a market cap of $4.96 billion, a price-to-earnings ratio of -140.44, a PEG ratio of 2.88 and a beta of 1.14.

Analysts Set New Price Targets

A number of equities analysts have weighed in on DNB shares. Royal Bank of Canada reissued a “sector perform” rating and issued a $12.00 target price on shares of Dun & Bradstreet in a research report on Wednesday, January 29th. Needham & Company LLC reiterated a “buy” rating and issued a $17.00 price target on shares of Dun & Bradstreet in a research note on Friday, November 1st. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $13.13.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc engages in providing business decisioning data and analytics solutions. The firm is involved in providing information with its solutions to support its clients with critical business operations. It offers end-to-end solutions to clients in the small business, finance, sales & marketing, third party risk & compliance, and public sectors.